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"The amount of money that a person should..."

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When buying a house, a general rule is that the house should not be more than 2.5 times a person`s annual income. With that being said, the amount of money that a person should earn per year to afford a $600,000 home is approximately $240,000 per year. However, that is exactly 2.5 times, so you should probably be making more than that figure.
Allen Darkman.

According to the new tax system you will pay 20 percent on what ever you earn above 6500 dollars.On your 18000 earning you will be paying 192 as income tax and 112 as national insurance.That comes to about 11 % on your income.To cal calculate your taxes online you can visit:
http://www.listentotaxman.com/ .snazi.

"On $ 18000 you have to pay 192 as..."

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First you have to pay 20% tax on any thing you earn above $6500. On $ 18000 you have to pay 192 as income tax and 112 as national insurance. The rest is yours. Remember you have to pay 11% of your income as national insurance. this is charged to those who earn more than 5500 a year. James Joseph.

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